The Harmful Myth of the Balanced Budget

My Comments: A major contrast that exists between the Republican ideal and the Democrat ideal is how to deal with debt. Many on the right will argue that there is a parallel between the debt of households, which often leads to bankruptcy, and the debt of the nation, which by there definition, will lead to …

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Studying a Paradox: When Higher Tax Rates HELPED the Economy

My Comments: OK, if you can’t stand reading about economics, then skip this blog post. On the other hand, if you have concerns about the economy and whether your vote in the upcoming election will have any influence on the amount of money you have to spend ten years from now, then you might want …

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J.P. Morgan Weekly Market Recap – October 8, 2012

I am remiss for not posting these every week. Some you like to time the market and this report from J.P.Morgan is perhaps the best summary to help your decision making:

Is Economic Disaster Assured? Preparing for the Perfect Storm

My Comments: Many, if not most, writers and pundits in the financial world proclaim to be conservatives and many, if not most, believe the world is soon to come to an end. To me that’s a radical position to take, not a conservative one. In 1770, in America, there was talk of breaking away from …

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Thought for the Week:

"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale." Zig Ziglar So I asked my clients, "which would you prefer; a plan that has a 70% chance of success or one that has a 90% chance of success?" We had been discussing how to …

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What Obama is Thinking, But Won’t Say

By Matt Miller My fellow Americans: Can I share a secret? The presidency I walked into wasn’t anything like the presidency I’d imagined. Remember, Lehman collapsed just six weeks before the 2008 election. Suddenly we were shedding 750,000 jobs a month. Here, Barack, they said – take the keys. But presidents play the hand they’re …

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Financial Aid Letter Would Provide College Cost Comparison

My Comments: I continue to be puzzled why parents are not interested in the free money available from college admissions offices as they prepare their children for high school graduation and preparations for college. There are billions of dollars out there that don't have to be paid back. The only catch is knowing how to …

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Mister Dow 5,000 Strikes Again!

My Comments: My habit is to post a blog every Monday about investments and retirement planning. My intent is to help educate you about the forces out there that will influence how your money will grow in the years to come. Among the writers I’ve come to revere over the years has been Nick Murray. …

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Another Overview of Trusts, Part 3

Trusts, Pt. 3: Advanced Concepts | Article added by Hale Stewart on May 24, 2012 In this final article on trusts, I’m going to cover some more advanced areas. Just to review, in the first article, I discussed the basics of trusts, while in the second, I looked at some basic situations where trusts are …

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The US Economy May Surprise Us All

My Comments: Yes, the last few years have been very frustrating for those of us concerned about jobs, earning a living, having confidence that life will return to normal. The stock market has done OK, but you don't have to listen to politicians to notice all the empty buildings around town. To those who will …

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